$Micron Technology(MU)$ This is by no means a hidden gem. Everyone that has tech exposure should be familiar with this name. Misunderstood by many, while others remain fearful of cyclical volatility. The time has come for this companies business model to evolve into a continuous grower. Quarter by quarter, this company is increasing its revenue by segments that are n0t necessarily subject to the same cyclical downturns as before. When they say ‘the past performance is not indicative of future results’ this is a perfect example of how backward looking charts, though revealing some expected cyclical it’s, do not define the future performance of the company fundamentals going forward.
One day soon, everyone will have no choice but to add to their position or become a perma bear. There is no question that this name will trade >200$/share in the near future.
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